General Info: Federal Financial Aid Repayment Policy

Northwest Florida State College is required to follow a Federal Financial Aid Repayment
Policy for any student who receives the following Federal Financial Aid.

Federal Pell Grant

Federal Supplemental Educational Opportunity Grant (FSEOG)

Federal Academic competitiveness Grant (ACG)

Federal Subsidized Direct Loan

Federal Unsubsidized Direct Loan

Federal PLUS

The refund policy specifies that you are not entitled to 100% of your federal financial
aid until you have completed more than 60% of a term. See the College calendar for the last day to withdraw from a course for each semester.

If you receive Federal Financial Aid funds and you withdraw from or stop attending
all of your classes before completing more than 60% of a term, you will be required
to repay part of the funds you received. This will result in a debt to Northwest Florida
State College, and may result in an additional debt to the Federal Government.

Northwest Florida State College will be required to return a portion of the federal
funds you received. When this occurs, you will owe this amount to Northwest Florida
State College as unpaid fees. You will be billed for the unpaid fees and your grades
and transcripts will be held until all Northwest Florida State College debts have
been paid. You must repay your Federal Direct Loan in accordance with the conditions
on your promissory note. Any additional grant money (Pell or FSEOG) you must repay
to the Federal Government is considered a federal overpayment. You must either repay
that amount in full to Northwest Florida State College within 45 days of the date
you are notified of the overpayment, or make satisfactory arrangements with the United
States Department of Education (USDOE) to repay the amount that is owed. If you fail
to repay or make satisfactory arrangements to repay a federal grant overpayment, you
will lose further eligibility for ALL federal aid, for attendance at any college.
This loss of eligibility will continue until the debt is paid in full, or satisfactory
repayment arrangements are made with the USDOE.

If you are having difficulty with any of your courses, you are encouraged to seek
advice from your instructor. You may also receive assistance from a counselor/advisor
at any of the Northwest Florida State College sites. You are encouraged to make every
effort to maintain attendance in your courses and to avoid withdrawing from all of
your courses. Completion of at least one course during a term will entitle you to
100% of the federal financial aid you received during that term.